The insurance industry is slowly moving towards a paradigm change: an increased focus on prevention. Prevention is a cornerstone of most insurer’ strategies seeking for long term, sustainable business model.
New Emerging risks (Cyber, Climate change, Pandemic, etc.) are challenging governments, communities, and the insurance industry to adapt quickly. Preventative, long term measures can help avoid and remediate faster to these systemic challenges.
Through a better understanding of our planet, Sustainability Startups can both help in risk prevention and remediation, as well as empowering insurers’ customers with entirely new offerings, including from outside the traditional insurance value chain.